Germany’s Kfw, India’s SBI Ink EUR 150 million Pact for Solar Projects Updated On Fri, Nov 11th, 2022 by Saurenergy A financing arrangement for 150 million EUROS (EUR) has been reached by Kreditanstalt für Wiederaufbau (KfW) and the State Bank of India (SBI) to fund solar projects in India. Germany-based KfW finances investments and reform initiatives in a wide variety of sectors, including water supply, energy, and financial systems development. For the German Federal Ministry […] Read more
Auto Component Giant MT Autocraft Announces 100 Cr Investment in E-Mobility Updated On Fri, Nov 11th, 2022 by Saurenergy Electric vehicle (EV) startup MTA E-Mobility Pvt Ltd was established by MT Autocraft, a provider of machined components and assemblies, with an investment of Rs 100 crore to develop EVs and essential electrical systems. The business constructed a facility of three acres in Palwal, in the national capital area, and will exhibit its goods and […] Read more
Adani Green Q2 Results- Profits Grow 49% As Strong Solar Growth Continues Updated On Fri, Nov 11th, 2022 by Saurenergy Adani Green Energy Limited, the renewable development arm of the Adani group that has set a 45 GW capacity target for 2030, has announced its Q2 FY23 results. Operational capacity has grown to 6724 MW during the quarter. Revenues from power supply jumped 33% over the corresponding quarter in Fy22, going to Rs 1107 crores […] Read more
Offers For 3500 MW Pour In For PTC India Call For 1000 MW RE From Developers Updated On Wed, Nov 9th, 2022 by Saurenergy PTC India, the listed power trading firm, has announced that it has received a strong response to its call for expressions of interest from relevant players to supply 1000 MW of renewable energy for onward sales through market linked products. The 500 MW plus 500 MW greenshoe option was part pf Phase 1 of PTC […] Read more
KKR to Invest $400 Million in Sterlite Backed Serentica Renewables Updated On Tue, Nov 8th, 2022 by Saurenergy Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […] Read more
The Top 5: Largest EV Charging Station Companies In India Updated On Mon, Nov 7th, 2022 by Saurenergy The Indian EV charging station market is highly fragmented as several private and public entities are setting up charging infrastructure in various locations across India. Different types of EV chargers are available in the Indian market comprising Type 1, Type 2, AC and DC, unidirectional and bidirectional charging catering to e4W (electric 4-wheeler), e3W (electric […] Read more
Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka Updated On Fri, Nov 4th, 2022 by Saurenergy Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […] Read more
SECI Invites Bids for 10 MW Solar Plant O&M Work Updated On Fri, Nov 4th, 2022 by Saurenergy Solar Energy Corporation of India Limited (SECI) has floated a tender for an operations & maintenance contract including insurance for 05 (Five) Years of a 10 MW ground-mounted solar power project at Badi Sid, Rajasthan. (Bids for 10 MW) The last date for submitting the online bid is December 05, 2022, till 02:00 pm & […] Read more
Norwegian Firm Equinor Set Acquire BeGreen And 6 GW Solar Portfolio In Europe Updated On Fri, Nov 4th, 2022 by Saurenergy Norwegian energy firm Equinor has entered into an agreement with Denmark based solar project developer, BeGreen, that boasts of a pipeline of projects worth 6 GW in Denmark, Poland and Sweden- with an average project size of 300 MW. BeGreen also has a strong presence in Europe, where it has developed and sold more than […] Read more
